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Capital Gold Group - Sponsors 'IMCA - Investment Management Consultants Association'

Posted on: Monday, 10 March 2008, 21:00 CDT

LOS ANGELES, March 10 /PRNewswire/ -- Capital Gold Group sponsored the "Investment Management Consultants Association" (IMCA) annual convention at the Biltmore Hotel and Resort, Phoenix. Goldman Sachs, Capital Gold Group, Bear Stearns, BlackRock and Northern Trust Investments were exhibitors at the event. Key topics for fund managers at the IMCA conference included Gold, Oil and the crisis in financial markets worldwide.

Goldman Sachs updated its forecast on March 7, 2008: "Goldman Sachs states that $200 barrel/oil could be a reality in the not-too-distant future in the case of a 'major disruption.'" Gold prices have moved up in tandem with oil prices since September 11, 2001. Gold is now at the $ 1,000 / oz level and oil is past the $ 100 / barrel level.

IMCA provides fresh, compelling, and relevant content for advisors in the areas of Wealth Management, Investment Trends and Institutional Consulting. IMCA advisors offer "Diversification Strategies" that are leading edge products appropriate to both "Baby-Boomers" in the 50+ age bracket and "Seniors" in the 55+ age bracket.

Capital Gold Group offers an affiliate program for IMCA Advisors to offer the IRA GOLD retirement plan. The "tax-advantaged" IRA GOLD retirement account program is a tax-deferred plan which holds tangible, physical gold assets for the account holder. The custodian of the gold IRA facilitates the opening of the account and coordinates the storage of the physical gold assets. The depository for the Capital Gold Group IRA GOLD plan is licensed by the major exchanges -- NYMEX, COMEX and CBOT.

Recurring themes of the current financial crisis -- "The Shrinking US Dollar", "Wealth Preservation" and "Oil & Gold" were also topics covered by speakers at the conference -- representatives of the U.S. government Treasury Department and major Wall St. firms. IMCA Advisors can offer "physical gold" to clientele as a hedge against inflation, stock market volatility and a shrinking U.S. Dollar. Since 2001 high-net worth investors have been flocking to physical gold as part of an overall asset allocation strategy. Tax strategy experts are recommending gold IRA plans for portfolio diversification and asset allocation in volatile financial times.

Physical gold is the "the missing link" in most portfolios today, according to Jonathan Rose, CEO of the Capital Gold Group. Jonathan Rose is a recognized speaker and commentator for worldwide gold markets, including the United States, Hong Kong, Singapore, China, India, and Europe. Capital Gold Group, Inc. has main offices in Los Angeles and London.

Links: http://www.safeasgold.com/ http://www.iragold.com/ http://www.thecapitalgoldgroup.com/

Capital Gold Group

CONTACT: Brenda Whitman of Capital Gold Group, 1-800-510-9594

Web site: http://www.safeasgold.com/http://www.iragold.com/http://www.thecapitalgoldgroup.com/

Source: PRNewswire

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